Price for Electrical Insulators of Any Material in Ethiopia - 2022

Contents:

1. Price for Electrical Insulators of Any Material in Ethiopia (CIF) - 2022
2. Price for Electrical Insulators of Any Material in Ethiopia (FOB) - 2022
3. Imports of Electrical Insulators of Any Material in Ethiopia
4. Exports of Electrical Insulators of Any Material in Ethiopia

Price for Electrical Insulators of Any Material in Ethiopia (CIF) - 2022

The average import price for electrical insulators of any materials stood at $0.3 per unit in 2022, with a decrease of -5.2% against the previous year. Overall, the import price, however, continues to indicate a relatively flat trend pattern. The growth pace was the most rapid in 2018 an increase of 30%. As a result, import price reached the peak level of $0.4 per unit. From 2019 to 2022, the average import prices remained at a somewhat lower figure.

Average prices varied noticeably amongst the major supplying countries. In 2022, amid the top importers, the country with the highest price was China ($0.3 per unit), while the price for India amounted to $0.3 per unit.

From 2012 to 2022, the most notable rate of growth in terms of prices was attained by China (+3.5%).

Price for Electrical Insulators of Any Material in Ethiopia (FOB) - 2022

In 2022, the average export price for electrical insulators of any materials amounted to $0.7 per unit, declining by -21% against the previous year. Overall, the export price recorded a abrupt setback. The pace of growth appeared the most rapid in 2017 an increase of 182% against the previous year. The export price peaked at $7 per unit in 2019; however, from 2020 to 2022, the export prices remained at a lower figure.

Prices varied noticeably by country of destination: amid the top suppliers, the country with the highest price was Kenya ($1 per unit), while the average price for exports to the United Arab Emirates amounted to less than $0.1 per unit.

From 2014 to 2022, the most notable rate of growth in terms of prices was recorded for supplies to Kenya (-4.1%).

Imports of Electrical Insulators of Any Material in Ethiopia

In 2022, approx. 23M units of electrical insulators of any materials were imported into Ethiopia; waning by -24.8% compared with the previous year's figure. In general, imports continue to indicate a abrupt slump. The smallest decline of -14.1% was in 2021. Over the period under review, imports attained the peak figure at 42M units in 2019; however, from 2020 to 2022, imports remained at a lower figure.

In value terms, electrical insulators of any material imports dropped rapidly to $6.9M in 2022. Overall, imports showed a significant decrease. The smallest decline of -14.5% was in 2020. Over the period under review, imports reached the peak figure at $16M in 2019; however, from 2020 to 2022, imports stood at a somewhat lower figure.

Top Suppliers of Electrical Insulators of Any Material to Ethiopia in 2022:

1. China (22.5M units)

Exports of Electrical Insulators of Any Material in Ethiopia

After two years of decline, shipments abroad of electrical insulators of any materials decreased by -36.7% to 39K units in 2022. In general, exports, however, saw a significant expansion. The exports peaked at 61K units in 2021, and then contracted notably in the following year.

In value terms, electrical insulators of any material exports contracted significantly to $28K in 2022. Over the period under review, exports, however, recorded significant growth. The exports peaked at $56K in 2021, and then reduced rapidly in the following year.

Top Export Markets for Electrical Insulators of Any Material from Ethiopia in 2022:

1. Kenya (28.9K units)
2. United Arab Emirates (9.9K units)

Source: IndexBox Market Intelligence Platform